I uncover a high-quality dividend growth stock that appears to be undervalued each week for Daily Trade Alert, which is a site that focuses on dividend growth investing, stocks, and unique investment opportunities. I’ve been writing for them for years now, and they’re just great over there. Each week, I publish an excerpt of my work, when it’s fresh off the press. That way, you readers are given the opportunity to check it out. The content is totally free. I hope you enjoy!
Imagine telling someone close to you that you’re financially independent.
What would this person think?
They’d probably imagine that you spend your weekends along the Amalfi Coast on your yacht, or maybe you speed around town in your Ferrari.
However, that’s not what financial independence looks like for many people.
I can say that from personal experience – as I retired from my job in the auto industry three years ago, in May 2014, at the tender age of 32.
But I don’t own a yacht… or a Ferrari.
In fact, the owning of expensive and unnecessary things is more likely to be a sign of someone heavily indebted and nowhere near financial independence.
Image courtesy of: Stuart Miles at FreeDigitalPhotos.net.
Hey Jason,
Another great write-up on a good company. Thanks for bringing this one to our attention. I’ll take a gander at it.
I’m surprised none of your recent UDGS articles haven’t been about either NNN or PSA. Or are those still in the making?
Thanks for continuing to be an inspiration for so many of us!
-Josh
Josh,
No problem. Happy to provide a solid long-term idea for consideration. 🙂
Yeah, PSA and NNN are obviously on my radar due to the initiation of positions in both, although NNN isn’t a good candidate for the series because Morningstar doesn’t track it at all. PSA might be a tough fit, too, because S&P Capital IQ believes the stock is significantly overvalued. Even though my valuation comes up great, and even though Morningstar has it as undervalued, that third number (from S&P Capital IQ) brings the averaged valuation down quite a bit for PSA.
It’s not terribly easy to find high-quality dividend growth stocks that transcend multiple valuation methodologies at any given time, but I’m always up for the challenge!
Best regards.
Jason,
I enjoyed the instructional video. Thanks for showing the methods to your madness. At times you speak and move a little too fast for me however the beauty of those videos is that they can be paused, backed up, etc so this is not really an issue. Keep’em coming!
Retired in Idaho,
Glad you enjoyed it. I’ve already shot the next video in the series, so keep an eye out for it. 🙂
Cheers.
Jason,
Nice choice on DFS. I pulled a good move by getting DFS over a year ago for $48.52 / share last year, following the ACE / CB merger. Between getting DFS there and PRU at $72.33 / share around the same time, I found a lot of financial stocks (not all) very undervalued with respect to the market, especially as these both came from the Challengers list.
Thanks for the write up.
Gremlin
DG,
I think that’s a nice move there with DFS. You’re getting a high-quality lender at a very cheap price. And you’re essentially getting the payment network thrown in for free. The credit card business is obviously inseparable from the lending side, but the payment business is still scalable, profitable, and growing. 🙂
Thanks for dropping by!
Best regards.
Jason. So glad I tracked you down. You were the one who got me started in the “dividend lifestyle”. =) I found myself in a rut lately an decided to crawl the web again. And here you are! Looking forward to your honest, straight forward, ‘man on the street’ views and discussion.
Mike,
Glad you found the site! 🙂
Back at it, although I never really left. Hope to still be writing for a long time to come. The ideas are finite, but the passion isn’t. So we’ll see how far it goes.
Best wishes.
Nice write up Jason, I haven’t followed you in quite some time and glad I tracked down your new site. Life has been a bit chaotic, not sure where life will go from here but was thinking about the time we met in GR recently and was reading about what happened with the old site some. I hope that transaction worked out well for you and hope to keep in touch some.
Kippzor,
Hey, man. Long time, no talk!
I remember you stopped posting at your site a long time ago. I think we talked about that in GR – about how a blog is tough to keep up. I tell people that, but I don’t think they believe me. It’s tough, though. I genuinely enjoy it, which is why I’m still at it six years later. I wish things would have worked out with the organization I chose to run DM, but such is life. It was a blessing in disguise, as it gave birth to some totally new ideas.
Anyway, I hope all is well up in GR. 🙂
Best regards.
Well as you said life takes some turns, some expected and unexpected. I had an involuntary job change (worked out for the better) and now have a kid. But old habits die hard, paid off alot of debt and down to just the mortgage, still saving some (mostly via tax deferred 401Ks, but some through divvy stocks)… been more focused on cash flow than overall “net worth” like I once was. Now working in business to business credit I see much more the importance of cash flow and it is life to businesses financially, much like it is for individuals.
But still priorities change some as life changes, hope all is well for you back in FL.
Hey Jason.
I watched the training video at the bottom of the article. I wish all stocks were as easy to read as KO. I took a random stock and tried the same approach. Problem was you weren’t there explaining everything. =)))
Each company is a different animal. It’ll get easier with more exposure. The vid was a great help tho.
Mike,
Glad you enjoyed the video!
Hoping to do many more of them. If the series gains traction, it should be something I can continue to do for a long time. Keeping my fingers crossed. 🙂
Best regards!